A unique cryptocurrency exchange is set to launch it’s ICO in mid-November and the community is keen to invest.

The STex Exchange (Smart Token Exchange) is a platform that will utilise advanced market making algorithms and aggregation of other crypto exchanges to give users access to over 10,000 trading pairs across the top 100 coins at the lowest available rates – with the highest liquidity across all exchanges in one ‘smart trading platform’.

The ambitious ‘crypto-exchange aggregator’ also promises to distribute 100% of its monthly operating profits from the exchange itself – in ETH – among its STE token holders, making the project essentially publicly owned.

STE tokens are set to be a limited resource. Any unsold STE tokens left over from the STeX ICO will be burned, with all remaining tokens deriving a share of 100% of the exchange’s trading commissions as dividend. Further still, early adopters who never sell their STE tokens will be sharing in an extra 20% of those commissions – founders included, reporting that despite their 6 month vesting period, “they’ll never sell!”

The STeX exchange works on the premise that a user or trader can get access to different coin-to-coin exchange values, find the best rates as well as fast, intraday trading options.

The project has so far been well received by the crypto-community and had a successful pre-ICO, reaching it’s hard-cap of 15,000 ETH. The venture has also been garnering a loyal and steadily growing following on various social media channels, picking up speed after recently announcing a partnership with the Wings DAO platform

Set for release in Q1 2018, the platform is designed to simplify exchange activities and allow investors to manage their trading activity in one place. This has the potential to save countless hours wasted waiting for trades to complete, maximise a trader’s profitability and cut down on fees from multi-step trades – an inventive solution to the lack of inter-coin markets available in cryptocurrency exchanges at present.

Financial instruments such as options, futures and leverage are also planned for the exchange, opening doors to more traditional trading strategies. For now, STeX’s main focus is providing traders a hybrid crypto exchange with the highest liquidity and largest range of cross rates – combining the speed of a centralized exchanged and the security of a decentralized one.